Residential Financing

There are countless reasons to begin your journey to clean power, and many
ways to make that dream a reality.

Purchase: The Quickest Path to Solar

When you purchase solar outright, you have complete access to federal,
state, and local solar initiatives, where available. This may offset the
solar project cost significantly. Cash purchases typically offer the maximum
return on your solar investment.

The benefits of purchasing your solar energy system outright include:

Reducing wait times on finance approval and requirements

Offering maximum return on investment

The opportunity to use a home equity loan which may be tax-deductible

Solar tax credits and/or state and local incentives for which you may be eligible

Maximizing your savings by purchasing a SunPower® system

Loan: Own Your System with Payments

Your system is purchased outright, and you make payments on your loan.
For many homeowners, the combination of the loan payment and the remaining
electric bill is often lower than the electric bill prior to solar.

When you take out a loan, you can enjoy:

Easy online approval, with no long application

Straightforward monthly payment options

Competitive solar interest rates for 10, 15 and 20-year terms

Solar tax credits and/or state and local incentives for which you may be eligible

Lease: No Up-Front Cost & Easy Approval

Leasing your system typically offers immediate utility savings and leads
to increased savings over time as traditional energy costs rise. At the
end of the lease, you can purchase the system at a reduced cost, renew
the lease, or have the system removed.

Leasing solar panels offers various benefits, such as:

Savings from day one

Federal tax benefits allow for lower energy cost

No up-front payments required

You pay a monthly amount to "rent" the system and use the energy
you produce

Guaranteed production for 20 years, worry-free

It is also important to note that when you sell your home, you can assign
the lease to the new homeowner, subject to credit approval. SunPower®
facilitates this process.

Commercial Financing Options

Let the government pay for 30% of your solar system!

You may benefit by going solar in 2019 with the Federal Investment Tax
Credit (ITC). A tax credit is a reduction of income tax a person or company
would have to pay the federal government.

The ITC is based on the amount of solar investment:

30% for projects that begin construction in 2019

26% for projects that begin construction in 2020

22% for projects that begin construction in 2021

After 2021, the residential credit drops to zero while the commercial credit
drops to a permanent 10%

Commercial and utility-scale projects which have commenced construction
before December 31, 2021,
may still qualify for the 30, 26 or 22% ITC if they are placed in service before December 31, 2023.

Solar finance options have expanded for small to medium-sized businesses
making it possible to go solar and keep your working capital.

Purchase: A Green Investment That Pays

Cash purchases typically offer the maximum return on investment. You have
complete access to federal, state, and local solar initiatives where available,
which can offset solar project cost significantly.

Companies enjoy a variety of benefits when they purchase solar, including:

Keeping any solar tax credits and/or state and local incentives for which
you may be eligible

Reducing wait times on finance approval and requirements

Fewer parties involved means greater potential savings

Reducing the total time required for installation

Maximum return on investment

Lease: Low, Or No Up-Front Cost

You lease a solar panel system and lower your electric bill by using the
energy it generates. At the end of the lease, you can purchase the system
at a reduced cost, renew the lease, or have the system removed.

PACE: No Up-Front Cost

PACE financing provides capital to add energy upgrades, including solar
to your facility with repayment programs that are cash flow positive on
day one. Eligibility is based on property value, not your credit history.

If you choose PACE financing, you will benefit from:

Owning your system

Immediate positive cash flows

Reduced electricity costs

PPA: No Up-Front Cost

A third party pays for installation, owns, operates, and maintains the
system. You have an agreement to purchase energy produced from that system,
locking in lower energy costs for the long term.

Benefits of this option include:

No capital investment

Fixed energy costs, often lower than your prior rates

No responsibility for operations or maintenance

Only pay for energy consumed

The Visalia solar power experts at JP Electric & Solar believe that
everyone should have access to the power of the sun. Call
(559) 464-6048 today to learn more about the financing options available to you!

TRUSTED BY HOMEOWNERS & BUSINESSES ALIKE

Utterly Professional

“Utterly professional!”

- Karin V.

I highly recommend using JP Electric & Solar for your solar needs.

“JP Electric & Solar did a great job installing my solar project. Everything was done on time and executed flawlessly. The crew was nice, safe and clean with their work. I highly recommend using JP ...”

- Mike T.

They were a great professional company to work with.

“They were a great professional company to work with.”

- Derek A.

Great customer service.

“Great customer service.”

- Christina N.

They are the best.

“If anybody is looking to go solar they should go with JP Electric & Solar.”